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Jones Company reports the following assets from the last two years: 2019 2018 Current Assets: Cash and Cash Equivalents $2,000 $1,900 Accounts Receivable 1,800 1,600
Jones Company reports the following assets from the last two years:
| 2019 | 2018 |
Current Assets: |
|
|
Cash and Cash Equivalents | $2,000 | $1,900 |
Accounts Receivable | 1,800 | 1,600 |
Merchandise Inventory | 1,200 | 1,000 |
Prepaid Expenses | 1,300 | 2,100 |
Total Current Assets | 6,300 | 6,600 |
Other Assets | 17,000 | 15,000 |
Total Assets | $23,300 | $21,600 |
Using horizontal analysis, what is the percentage of increase in Cash and Equivalents?
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